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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,618 sqft
Price per Sqft $373
MLS Listing ID 24362075
Sold Date 04/01/24
Bedrooms 8
HOA Y/N No
Year Built 1951
Lot Size 10,001 Sqft
Property Description
We are pleased to present our newest exclusive listing in Harbor City. This property is comprised of seven units- three of which have been extensively renovated. The property is being offered at an extremely low price per unit, well below the sales comparables and boast estimated 60%upside + in rents. The property has been well taken care of and has strong curb appeal. A new owner can benefit from a good basis on a mid-sized apartment building, possible ADU garage conversions, and clip coupons as the rents come in. The property is being offered with strong yields in place and is well positioned near major employers (less than a mile from the Kaiser Permanente South Bay Medical Center), schools, parks, and more.
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning LARD1.5
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal, Microwave, Refrigerator
Exterior
Attached Garage No
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7413001008
Special Listing Condition Standard
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Bought with Mike Nolan • Pacific West Properties